ABSTRACT
The “new globalization” made it “triumphant entry” onto the global stage, beginning
in 1990. Emboldened by the collapse of Stalinist socialism and the “victory” of
capitalism, the “new globalization” moved like a whirlwind across the successor
Soviet states, the former Stalinist states of Central and Eastern Europe, the People’s
Republic of China, Vietnam and the rest of the world incorporating these and other
areas that were hitherfore outside of the ambit of the global capitalist order.
